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the port of long beach and los angeles will go back to their jobs this morning follow allege eight-day strike. they reached a deal last night. the los angeles mayor took part in the negotiations
the port of long beach and los angeles will go back to their jobs this morning follow allege eight-day strike. they reached a deal last night. the los angeles mayor took part in the negotiations
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the strike had been a boost to the port oefbg land as deliveries were re-- oakland as deliveries were recruited. >>> happy birthday caldecott tunnel today is the 75th anniversary of the tunnel. the original two bores cost 4 1/2 million dollars and took three years to build they replaced 1903 tunnel prone to closing during floods and mudslides. >>> you drove across it this morning. doesn't look a day over 74. >> no it looks surprisingly good. a little facelift work maybe. >>> traffic and weather coming up. well talk -- [ inaudible ] >>> live doppler light to moderate rain from concord to bay point through 24 to oakland across the bay bridge to san francisco and the bigger batch just now impacting the coast this is going to hit the heart of the bay from about the dumbarton bridge north over the next hour or so san jose you've been going what rain, easy getting around here it is about to get a little more difficult for you. looks like the heavier rain will stay to your north. fastest winds out of the southeast at 10 mountain view, 12 san jose. wet during the morning commute, scattered sh
the strike had been a boost to the port oefbg land as deliveries were re-- oakland as deliveries were recruited. >>> happy birthday caldecott tunnel today is the 75th anniversary of the tunnel. the original two bores cost 4 1/2 million dollars and took three years to build they replaced 1903 tunnel prone to closing during floods and mudslides. >>> you drove across it this morning. doesn't look a day over 74. >> no it looks surprisingly good. a little facelift work maybe....
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a deal to end a crippling strike at the busiest port -- one of the busiest ports in america. a walkout with a multibillion dollar impact around the country. >> 10,000 workers will be back on the job at the ports of los angeles and long beach today, which handle about half the cargo coming into the u.s. an overnight contract agreement ends an eight-day walkoff that kept billions upon billions of dollars in cargo from getting to warehouses nationwide. crucial merchandise in these days before christmas. they estimated it was about $1 billion a day that this strike was going on. >> it's over now. that's the good news out of l.a. this morning. >>> now, we turn to the battle over how to keep the nation from going over that so-called fiscal cliff. the clock is ticking now. 27 days to go. >> and president obama and congressional republicans are making plenty of sound bytes about it all. but very little progress. abc's tahman bradley has the details from washington. >> reporter: democrats and republicans remain light years apart. here's president obama, in an interview with bloomberg
a deal to end a crippling strike at the busiest port -- one of the busiest ports in america. a walkout with a multibillion dollar impact around the country. >> 10,000 workers will be back on the job at the ports of los angeles and long beach today, which handle about half the cargo coming into the u.s. an overnight contract agreement ends an eight-day walkoff that kept billions upon billions of dollars in cargo from getting to warehouses nationwide. crucial merchandise in these days...
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the meeting starts at 5:30. >> this afternoon aj strike by clerks shut down the ports of los angeles and long beach. following all night talks both sides agreed to early federal mediation. >> i'm more optimistic. there is movement being made on both sides. >> that strike is costing u.s. economy estimated $1pgañ billion per day in lost trades. truckers honoring ticket lines. clerical union says the únf$wguz is jobs being shipped overseas. the port says it's offering 600 clerksz lifetime job security. >> former command yefr a task force is pleading guilty. the attorney tells axe bc 7 news the client will admit to five counts tomorrow in oakland, welsh is accused of stealing drugs from evidence lockers trying to sell drugs on the streets. he was caught in a sting operation in february, last year with guilty plea, he faces a minimum of 10 years in prison. >> santa clara county board president wril have to immediately pay back nearly $13,000 after using his taxpayer funded credit cards for personal expenses. our media partner has obtained a scathing internal audit revealing supervisor
the meeting starts at 5:30. >> this afternoon aj strike by clerks shut down the ports of los angeles and long beach. following all night talks both sides agreed to early federal mediation. >> i'm more optimistic. there is movement being made on both sides. >> that strike is costing u.s. economy estimated $1pgañ billion per day in lost trades. truckers honoring ticket lines. clerical union says the únf$wguz is jobs being shipped overseas. the port says it's offering 600...
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a deal has been struck to end an eight-day strike in the port system, the largest in the nation. the port of los angeles and long beach, california. the strike was costing the economy an estimated $1 billion per day because it prevented shippers from delivering cargo to stores and other businesses. 40% of all goods shipped into the country come through those ports. union workers there were protesting the outsourcing of jobs. there's no word, yet, on the terms of the deal struck. >>> and speaking of the economy, there's important news for anyone who owns a home or is looking to buy. prices, skyrocketing to levels we have not seen in years. and "weekend gma" anchor bianna golodryga is here with the latest. good morning, bianna. >> reporter: good morning to you, josh. important news and good news. everyone's been waiting for the housing market to take off since the collapse in 2008. now, we're learning that home prices jumped 6.3% in october, compared to the same time last year. that's the biggest year-to-year gain since 2006. now, prices rose in 45 states, led by a 21% jump in ariz
a deal has been struck to end an eight-day strike in the port system, the largest in the nation. the port of los angeles and long beach, california. the strike was costing the economy an estimated $1 billion per day because it prevented shippers from delivering cargo to stores and other businesses. 40% of all goods shipped into the country come through those ports. union workers there were protesting the outsourcing of jobs. there's no word, yet, on the terms of the deal struck. >>>...
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the port says it's offering clerks lifetime job security. >> let's go to job security. state lawmakers deciding how to dole out money to help schools become more energy efficient. and what's happening now that prop 39 is lone. >> we want to be first in line. >> the principal is pleading his case to give the campus some of the new retro fit money. 7% of the public schools are more than 25 years old and in need of the funding badry. >> if we can look at energy efficiently, you're having savings year over year. and will have more money. >> more than 10,000 public schools together spent $700 million a year on energy. that is how much they spent on supplies. thanks to vote who approved proposition 39 last month, disadvantaged schools will be able to pay for energy retro fits of the proposition 39 closes a loophole that mostly benefited out of state corporations. it's a funding boost for the state. half goes to general fund. other half to energy needs of schools. >> that old putty around the windows. >> or single paned window autos kids go from classroom to classroom, they ex
the port says it's offering clerks lifetime job security. >> let's go to job security. state lawmakers deciding how to dole out money to help schools become more energy efficient. and what's happening now that prop 39 is lone. >> we want to be first in line. >> the principal is pleading his case to give the campus some of the new retro fit money. 7% of the public schools are more than 25 years old and in need of the funding badry. >> if we can look at energy efficiently,...
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that crippled two of the nation's largest ports. >>> new expansion plans just
that crippled two of the nation's largest ports. >>> new expansion plans just
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an agreement has been reached in the contract for workers at port of los angeles. they walked off the job eight days ago after working without a contract for two years. the strike crippled the complex, which is the nation's largest, and prevented delivery of cargo to wear houses throughout the country. no specific details yet on the agreement. >>> in other news, there are some new, great signs the economy is rebounding. home sales have shot up big time, in fact. abc's david muir looks at what is behind the real estate turnaround. >> reporter: call it an early christmas gift for millions of americans who own homes. new signs home values are finally on the rise again. the biggest spike in arizona where home prices are up more than 21%. >> this is quite a streak. >> reporter: you will remember our drive-through, the neighborhood outside phoenix, ground zero, for the housing crash five years ago, foreclosed, for sale, for rent. 130 homes for sale in the one neighborhood alone. sharon was trying to sell them. what did they buy their home for? >> $308,000. >> reporter: w
an agreement has been reached in the contract for workers at port of los angeles. they walked off the job eight days ago after working without a contract for two years. the strike crippled the complex, which is the nation's largest, and prevented delivery of cargo to wear houses throughout the country. no specific details yet on the agreement. >>> in other news, there are some new, great signs the economy is rebounding. home sales have shot up big time, in fact. abc's david muir looks...